Petrol-Diesel Price Today: Oil marketing companies sell diesel daily petrol And issues new rates of diesel on the basis of which fuel is sold. Like every day, today also Indian oil companies petrol And diesel prices have been released.
Oil Marketing Companies (OMCs) update petrol and diesel prices every day at 6 am to maintain transparency and take into account changes in global market conditions.
These daily revisions take into account changes in international crude oil prices and currency exchange rates, ensuring that consumers get the most accurate and latest information on fuel prices.
Petrol and diesel prices in the four metros
- Petrol in Delhi is Rs 94.72 and diesel is Rs 87.62 per liter
- Petrol in Mumbai is Rs 103.44 and diesel is Rs 89.97 per liter
- Petrol in Chennai is Rs 100.76 and diesel is Rs 92.35 per liter
- Petrol in Kolkata is Rs 104.95 and diesel is Rs 91.76 per liter
Rates have changed in these cities
- In Ghaziabad, petrol has become Rs 94.44 and diesel Rs 87.55 per liter.
- In Noida, petrol has become Rs 94.62 and diesel Rs 87.72 per liter.
- In Gurugram, petrol has become Rs 94.94 and diesel Rs 87.76 per liter.
Reasons for changes in oil prices
- As the major raw material for production of petrol and diesel, fluctuations in global crude oil prices have a direct impact on fuel costs in India.
- Petrol and diesel prices are subject to various taxes levied by the central and state governments. These taxes may vary from state to state, contributing significantly to the final price that consumers pay at the pump.
- The balance of supply and demand plays a key role in determining fuel prices. Increased demand for petrol and diesel usually results in higher prices, as suppliers adjust to market conditions.
- India imports a significant portion of its crude oil, so changes in the exchange rate between the Indian rupee and the US dollar affect fuel prices. A weaker rupee generally increases fuel costs.
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